United Parcel Service, Inc. (NYSE:UPS – Get Free Report) has received a consensus rating of “Hold” from the twenty-one analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $117.4118.
A number of brokerages recently weighed in on UPS. Stifel Nicolaus upped their target price on shares of United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. BMO Capital Markets boosted their price target on shares of United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. Oppenheimer upped their price objective on United Parcel Service from $115.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, August 17th. Finally, Stephens dropped their price target on shares of United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th.
Check Out Our Latest Stock Analysis on United Parcel Service
United Parcel Service Trading Up 0.5%
United Parcel Service (NYSE:UPS – Get Free Report) last announced its earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.11. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The business had revenue of $22.83 billion during the quarter, compared to analysts’ expectations of $21.86 billion. During the same period in the prior year, the company earned $1.55 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Analysts expect that United Parcel Service will post 7.22 EPS for the current year.
United Parcel Service Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be paid a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 121.93%.
Institutional Investors Weigh In On United Parcel Service
Several hedge funds have recently made changes to their positions in UPS. Brown Financial Advisors increased its holdings in shares of United Parcel Service by 2.8% in the 2nd quarter. Brown Financial Advisors now owns 4,272 shares of the transportation company’s stock valued at $459,000 after acquiring an additional 118 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of United Parcel Service during the second quarter worth $6,826,000. California State Teachers Retirement System increased its position in shares of United Parcel Service by 12,975.5% during the second quarter. California State Teachers Retirement System now owns 112,070,470 shares of the transportation company’s stock worth $12,047,576,000 after purchasing an additional 111,213,365 shares in the last quarter. Studio Investment Management LLC raised its stake in United Parcel Service by 10.4% in the second quarter. Studio Investment Management LLC now owns 9,670 shares of the transportation company’s stock valued at $1,040,000 after buying an additional 911 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its position in shares of United Parcel Service by 1.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 65,069 shares of the transportation company’s stock valued at $6,995,000 after purchasing an additional 686 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.
About United Parcel Service
United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.
The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.
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